Derek Mackay MSP

Written 14 posts

Scottish National Investment Bank progress

26th September 2019

Today marks another important step forward for the Scottish National Investment Bank as the legislation to support its establishment and capitalisation reaches its first stage in Parliament. The Bill being considered today lays the foundation for an institution that will be a cornerstone in Scotland’s economic architecture. One with the capability and commitment to reshape…

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Scotland: an attractive place to invest

14th March 2019

With investment in Scottish commercial property topping £2.3 billion, 37% ahead of the 10-year annual average, the sector in Scotland is buoyant. Couple that with Scotland being named one of the most beautiful countries in the world – according to Rock Guide – and its little wonder businesses are keen to locate here. In fact,…

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Shaping the Scottish National Investment Bank

11th February 2019

Today we publish the analysis of responses to the public consultation on the Scottish National Investment Bank Bill which ran from September to October last year. This is the first of many milestones for the Bank in 2019 as we make significant progress towards the Bank being operational in 2020, investing in businesses and communities…

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Ensuring the UK Budget delivers for Scotland

10th October 2018

Ahead of the UK Budget on the 29th of October, I have written to the  Chancellor of the Exchequer to outline the key issues that the Scottish Government wishes see included in the Budget. A full copy of my letter to the Chancellor is below. ___ Rt Hon Philip Hammond MP Chancellor of the Exchequer HM Treasury…

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Economic priorities

9th July 2018

The new cabinet Secretary for Finance, Economy and Fair Work, Derek Mackay, outlines his economic priorities.

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New progressive tax system an investment in Scotland’s future

1st April 2018

Our progressive approach to changing taxation, which comes into effect next week, heralds a positive investment in our country’s future. Our new tax system means divergence from Westminster on fiscal policy, but in my opinion it will deliver devolution and the priorities of the majority of the people of Scotland. The changes will deliver an…

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Achieving Scotland’s full potential in a digital world

22nd March 2017

Scotland must seek and seize every opportunity to ensure it continues to have a thriving, open, digital economy. That is why, I visited Tontine House in Glasgow today to launch our refreshed digital strategy and outline the Scottish Government’s vision of Scotland as a vibrant, inclusive, open and outward looking digital nation, and to see first-hand how young aspiring digital businesses are being supported in Glasgow.

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Autumn Statement response

24th November 2016

Yesterday, the true cost of Brexit was revealed – and it is huge. Lower growth, lower tax revenues, higher borrowing, higher debt and, perhaps worst of all for family budgets, higher inflation. Here is what I had to say immediately after the Chancellor made his statement:   .@DerekMackaySNP on #AutumnStatement: the real cost of Brexit…

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Building Scotland’s digital economy

3rd November 2016

Digital technology has fundamentally changed how we access information, learn, communicate and do business; it is vital to the future of our economy. Scotland prides itself on being a nation which is vibrant, inclusive, open and outward looking. We have to support and encourage the skills needed to seize new opportunities and participate in an…

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Plan to revitalise town centres launched

7th November 2013

Our town centres should be vibrant, attractive and safe places where local people and visitors alike want to spend their time and money. They should be accessible places which invite business start-up and inspire innovative ideas from all walks of the community. This is why we welcomed the independent National Review of Town Centres, led…

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